Published by news degree
Posted on August 6, 2021
The global automotive head-up display market is expected to reach USD 9,881.1 Million by 2027, according to a new report by Reports and Data. The market for automotive head-up display (HUD) is experiencing high demand attributed to factors such as rising incidences of road accidents, growing cognizance about vehicle and passenger safety, rising demand for autonomous vehicles, growing demand for advanced 3D AR head-up display, and growing investment on luxury cars, among others.
Head-up displays (HUDs) are a significant innovation in the ADAS (advanced driver assistance systems) industry. An automotive head-up display is beneficial in maintaining the driver’s attention on the road, safely conveying speed, warning signals comprising obstacle detection, intersection collision warning, lane departure warning, lane change assistance, road departure warning, rollover warning, rear impact warning, and forward-collision warning, and other critical automotive and navigation information directly on the windshield in the line of sight of the driver. For instance, Jaguar Land Rover (JLR) and researchers from the University of Cambridge are collaborating to develop an innovative 3D head-up display with the ability to project real-time safety information and cautions directly in driver’s front while driving.
Increased investment and funding in the research and development of head-up display technology is a significant factor in driving the market growth. In 2018, WayRay, a firm engaged in the development of holographic AR (augmented reality) technology and hardware, implemented in automotive head-up displays to project information into the field of vision of the driver, has raised a funding of USD 80.0 million, a Series C spearheaded by Porsche, along with Hyundai Motor. Besides, prior investors Alibaba Group and JVCKENWOOD, and numerous sovereign wealth funds participate in the funding process.
To get a FREE sample copy of the report @ https://www.reportsanddata.com/sample-enquiry-form/3609
Key participants include Continental AG, Elbit Systems, YAZAKI Corporation, Thales Group, BAE Systems, Denso Corporation, Visteon Corporation, Robert Bosch LLC, Panasonic, and Rockwell Collins, among others.
COVID-19 Impact
The COVID-19 pandemic has a substantial influence automotive industry, which, in turn, has led to reduced demand for automotive head-up displays. Demand for the product is suffering severe shocks as worldwide supply chains are upset, and the competitive order of manufacturers/producers has witnessed a change. The shortage of demand has fast-tracked the global automotive head-up display sector into an oversupply situation. Movement restrictions appear to be a direct and immediate effect, and once the compulsory social distancing ends, it is expected things would get back to normal conditions.
For the purpose of this report, Reports and Data have segmented the global automotive head-up display market on the basis of product type, technology, vehicle type, sales channel, and region:
Product Type Outlook (Volume, Million Units; Revenue, USD Million; 2017-2027)
Technology Outlook (Volume, Million Units; Revenue, USD Million; 2017-2027)
Vehicle Type Outlook (Volume, Million Units; Revenue, USD Million; 2017-2027)
Sales Channel Outlook (Volume, Million Units; Revenue, USD Million; 2017-2027)
Regional Outlook (Volume, Million Units; Revenue, USD Million; 2017-2027)
Buy now your Exclusive copy of Report @ https://www.reportsanddata.com/checkout-form/3609
Further key findings from the report suggest
Key insights presented in the report:
Request for customization of the report @ https://www.reportsanddata.com/request-customization-form/3609
Thank you for reading our report. To know more about the customization of the report, please get in touch with us and our team will ensure the report is suited to your requirements.
Explore Reports and Data’s Prime Analysis of the global Automotive electronics and Systems Industry:
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Contact Us:
John W
Head of Business Development
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
Read Our Innovative Blogs @ https://www.reportsanddata.com/blogs
Read Full Press Release: https://www.reportsanddata.com/press-release/global-automotive-head-up-display-market
The post Automotive Head-Up Display Market Size, Trends, Growth Factors, Regional Segment Revenue Analysis, 2020–2027 first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.
The global automotive head-up display market is expected to reach USD 9,881.1 Million by 2027, according to a new report by Reports and Data. The market for automotive head-up display (HUD) is experiencing high demand attributed to factors such as rising incidences of road accidents, growing cognizance about vehicle and passenger safety, rising demand for autonomous vehicles, growing demand for advanced 3D AR head-up display, and growing investment on luxury cars, among others.
Head-up displays (HUDs) are a significant innovation in the ADAS (advanced driver assistance systems) industry. An automotive head-up display is beneficial in maintaining the driver’s attention on the road, safely conveying speed, warning signals comprising obstacle detection, intersection collision warning, lane departure warning, lane change assistance, road departure warning, rollover warning, rear impact warning, and forward-collision warning, and other critical automotive and navigation information directly on the windshield in the line of sight of the driver. For instance, Jaguar Land Rover (JLR) and researchers from the University of Cambridge are collaborating to develop an innovative 3D head-up display with the ability to project real-time safety information and cautions directly in driver’s front while driving.
Increased investment and funding in the research and development of head-up display technology is a significant factor in driving the market growth. In 2018, WayRay, a firm engaged in the development of holographic AR (augmented reality) technology and hardware, implemented in automotive head-up displays to project information into the field of vision of the driver, has raised a funding of USD 80.0 million, a Series C spearheaded by Porsche, along with Hyundai Motor. Besides, prior investors Alibaba Group and JVCKENWOOD, and numerous sovereign wealth funds participate in the funding process.
To get a FREE sample copy of the report @ https://www.reportsanddata.com/sample-enquiry-form/3609
Key participants include Continental AG, Elbit Systems, YAZAKI Corporation, Thales Group, BAE Systems, Denso Corporation, Visteon Corporation, Robert Bosch LLC, Panasonic, and Rockwell Collins, among others.
COVID-19 Impact
The COVID-19 pandemic has a substantial influence automotive industry, which, in turn, has led to reduced demand for automotive head-up displays. Demand for the product is suffering severe shocks as worldwide supply chains are upset, and the competitive order of manufacturers/producers has witnessed a change. The shortage of demand has fast-tracked the global automotive head-up display sector into an oversupply situation. Movement restrictions appear to be a direct and immediate effect, and once the compulsory social distancing ends, it is expected things would get back to normal conditions.
For the purpose of this report, Reports and Data have segmented the global automotive head-up display market on the basis of product type, technology, vehicle type, sales channel, and region:
Product Type Outlook (Volume, Million Units; Revenue, USD Million; 2017-2027)
Technology Outlook (Volume, Million Units; Revenue, USD Million; 2017-2027)
Vehicle Type Outlook (Volume, Million Units; Revenue, USD Million; 2017-2027)
Sales Channel Outlook (Volume, Million Units; Revenue, USD Million; 2017-2027)
Regional Outlook (Volume, Million Units; Revenue, USD Million; 2017-2027)
Buy now your Exclusive copy of Report @ https://www.reportsanddata.com/checkout-form/3609
Further key findings from the report suggest
Key insights presented in the report:
Request for customization of the report @ https://www.reportsanddata.com/request-customization-form/3609
Thank you for reading our report. To know more about the customization of the report, please get in touch with us and our team will ensure the report is suited to your requirements.
Explore Reports and Data’s Prime Analysis of the global Automotive electronics and Systems Industry:
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Contact Us:
John W
Head of Business Development
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
Read Our Innovative Blogs @ https://www.reportsanddata.com/blogs
Read Full Press Release: https://www.reportsanddata.com/press-release/global-automotive-head-up-display-market
The post Automotive Head-Up Display Market Size, Trends, Growth Factors, Regional Segment Revenue Analysis, 2020–2027 first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.
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